Forex markets: an introduction to the use of Japanese candlesticks in forex trading
Japanese candlesticks are a form of plotting price movements on the chart which is far superior to the visual information conveyed by a bar chart. While bar charts concentrate on high and low prices, the candlestick also incorporates the opening and closing prices and gives a visual indication of market sentiment. The technique was originally [...]
Forex markets: A step-by-step guide in using moving averages in forex trading strategy
As we have seen earlier, one of the most commonly used technical indicators in making buy or sell decisions in forex trading is the use of moving averages. We have also seen that there was no significant difference between the use of simple moving averages and exponential moving averages. They both produce the same kind [...]
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